Bollinger Bands: From the four-hour chart, the price is experiencing a downward correction after rising to the upper band. The correction is slow, and the Bollinger Band width is expanding. The short-term moving average has a golden cross and is trending upward. The current short-term resistance level is 90600. If the market continues to decline without effectively breaking below the middle band, there is a possibility of a second upward push. On the one-hour chart, the price shows a oscillating downward pattern. Currently, observe the 10-day moving average as a short-term support level to see if it can be effectively broken. From the hourly chart, if the decline does not effectively break below the 10-day moving average, the market will rise again. MACD: On the one-hour chart, MACD is parallel above the zero axis, with the fast line above the slow line, indicating increasing bullish momentum. On the four-hour chart, MACD shows a golden cross upward, with bullish momentum continuing to strengthen. RSI is in the overbought zone, with a value between 90-78. Conclusion: Slightly oscillating downward. Resistance levels: 90600-92000-93900 Support levels: 87800-86000-85200 High-altitude strategy: Enter a long position at 90600, add to the position at 92000, and set stop-loss above 93900. Low-altitude strategy: Enter a long position at 87800, add to the position at 86000, and set stop-loss below 85200.
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BTC
Bollinger Bands: From the four-hour chart, the price is experiencing a downward correction after rising to the upper band. The correction is slow, and the Bollinger Band width is expanding. The short-term moving average has a golden cross and is trending upward. The current short-term resistance level is 90600. If the market continues to decline without effectively breaking below the middle band, there is a possibility of a second upward push.
On the one-hour chart, the price shows a oscillating downward pattern. Currently, observe the 10-day moving average as a short-term support level to see if it can be effectively broken. From the hourly chart, if the decline does not effectively break below the 10-day moving average, the market will rise again.
MACD: On the one-hour chart, MACD is parallel above the zero axis, with the fast line above the slow line, indicating increasing bullish momentum. On the four-hour chart, MACD shows a golden cross upward, with bullish momentum continuing to strengthen.
RSI is in the overbought zone, with a value between 90-78.
Conclusion: Slightly oscillating downward.
Resistance levels: 90600-92000-93900
Support levels: 87800-86000-85200
High-altitude strategy: Enter a long position at 90600, add to the position at 92000, and set stop-loss above 93900.
Low-altitude strategy: Enter a long position at 87800, add to the position at 86000, and set stop-loss below 85200.